The functions of Public Private Partnership (PPP) Cell according to the revised Public Private Partnership Act 2019 are as follows:
- Provide administrative and secretarial support to the Board;
- Review and strengthen the institutional and regulatory framework for the effective implementation and operation of PPP(s) in the Punjab;
- Appraise PPP project proposals submitted by the Authority including feasibility study, business and financial model, initial environment impact assessment and draft PPP agreements;
- Seek input of Risk Management Unit on the PPP project proposals submitted by the Authority in terms of (including but not limited to) risk assessment and contingent liabilities;
- Appraise the requests for Viability Gap Fund (VGF) financing received from the Authority in consultation with Risk Management Unit and place the recommendations thereof to the Board;
- Assist the Risk Management Unit in working out the annual budget requirements for annuity payments;
- Evaluate, in close consultation with the Risk Management Unit, the type and amount of Government support that may be made available for a project;
- Make recommendations to the Board for appropriate decision;
- Monitor the PPP projects during concession period; and
- Perform such other functions as may be prescribed or assigned by the Board.